Steve Jobs was a great innovator. There are no two ways about it. Whether you like Apple’s products, whether you use the Mac or the iPod or the iPhone, or whether you are a fan of Pixar animation films, or even if you have never used any of Apple’s products, you will have to agree that … Read more
“भैया ये दीवार टूटती क्यों नही? Said one brother to the other in the Indian joint family from the famous Ambuja Cement ad. And then the voiceover replies, “टूटेगी कैसे? ये अम्बुजा सीमेंट से बनी है.” I had heard that this ad was popular with the English players whenever Dravid used to come out to … Read more
“The investor must demand a satisfactory ratio of earnings to price, a sufficiently strong financial position, and the prospect that its earnings will at least be maintained over the years. This may appear like demanding a lot from a modestly priced stock but the prescription is not hard to fill under all but dangerously high … Read more
“The investor with a portfolio of sound stocks should expect their prices to fluctuate and should neither be concerned by sizeable declines nor become excited by sizeable advances. He should always remember that market quotations are there for his convenience, either to be taken advantage of or to be ignored. He should never buy a … Read more
For individual investors who have ambitions to become market experts, Jigneshbhai has devised a step-by-step approach that can be followed by almost anyone. No background in investing is necessary, but a learning attitude is important. It does not guarantee success (like market disclaimers!), but it is a sure and steady way to market expertise. For … Read more
“Basically, price fluctuations have only one significant meaning for the true investor. They provide him with an opportunity to buy wisely when prices fall sharply and to sell wisely when they advance a great deal. At other times, he will do better if he forgets about the stock market and pays attention to his dividend … Read more
“Do you remember what you were doing when 9/11 happened. I remember I was in Pune at my friend’s house having my evening coffee and suddenly got a call to switch on the TV” remembered Jigneshbhai when we met last weekend. That left me and Swami also remembering what we were doing then. A lot … Read more
“Can you guarantee it?” asked my friend Swami, when my broker Jigneshbhai asked him to hold on or add to his investments saying that markets will recover. Jigneshbhai said, “Boss, there are no guarantees, but they should recover eventually.” Swami continued, “But when? For the last 4 years, the returns on my investment are less … Read more
“The festival of Gowri-Ganesh in Bangalore has quite a few differences from the festival of Ganpati in Mumbai” said Jigneshbhai as we met for Ganesh darshan at Swami’s house. Though we did not have any arguments or discussions on that, it left me with a lot of musings on how this festival is celebrated differently … Read more